Alta Fox Capital Management, LLC and its affiliates (“Alta Fox”) operates a Twitter account at https://twitter.com/AltaFoxCapital (“Twitter Account”). Please read this legal disclaimer in full prior to reading any content on our Twitter Account.

Nothing in the Twitter Account may be considered as an offer or solicitation to purchase or sell products or services. The purpose of our Twitter Account is solely to share and discuss investment ideas.

Use of Alta Fox’s research is at your own risk. To the best of our ability and belief, all information contained in our Twitter Account is accurate and reliable. However, all information contained on our Twitter Account is provided “as is” and Alta Fox expressly disclaims making any express or implied warranties with respect to the fitness of the information contained therein for any particular usage, its merchantability or its application or purpose. In no event shall Alta Fox be responsible or liable for the correctness of any such material or for any damage or lost opportunities resulting from use of this data. Prior to making any investment or hiring any investment manager you should consult with professional financial, legal and tax advisors to assist in due diligence as may be appropriate and determining the appropriateness of the risk associated with a particular investment.

You should assume that as of the publication date of any tweet, post or communication referencing any publicly traded security, Alta Fox (possibly along with or through our members, partners, affiliates, employees, clients, investors, industry contacts and/or consultants) may have a position in the stock covered herein, and therefore stands to realize significant gains in the event that the price of stock moves. Following publication of any report or letter, we intend to continue transacting in the securities covered therein, and we may be long, short or neutral at any time thereafter regardless of our initial position or recommendation.

Users of the Twitter Account (“Users”) shall not use the Twitter Account at any time for any purpose that is unlawful or prohibited and shall comply with any applicable local, state, national or international laws or regulations when using the Twitter Account.

Alta Fox and the terms, logos and marks included on the Twitter Account that identify Alta Fox services and products are proprietary materials. Copyright in the pages and in the screens of the Twitter Account, and in the information and material therein, is proprietary material owned by Alta Fox unless otherwise indicated.

If any provision in these Terms of Use is held to be invalid or unenforceable, then the remaining provisions shall continue in full force and effect.